Press Release

Press Release

Thursday, July 30, 2015

Las Vegas, Nev. Data Driven Delivery Systems, LLC (DDDS), which delivers Revenue Management solutions to healthcare plans and providers, today announced it has acquired substantially all of the assets of Storan Technologies, Inc. (STI). The acquisition allows DDDS to support and expand its healthcare programs and product/service portfolio of offerings to healthcare plans nationwide.

DDDS is an innovative healthcare services company whose leaders have years of experience collaborating with plans and providers to deliver high-quality risk management solutions to the market. The acquisition of the Storan platform will provide the ability to offer enhanced services and technology products to healthcare plans, which will include risk management, enrollment reconciliation, financial reconciliation, medical record review, retrospective and prospective program delivery, reporting and data analytics, and RAPS/EDPS data submissions.

“We are excited to join the DDDS family and look forward to leveraging the synergies we have as a combined entity. We applaud DDDS’ focus on customer support and look forward to the continued delivery of a highly integrated provider centric delivery model,” said Ciarán Storan, Chief Technology Officer of STI.

“Through the delivery of our combined product and service capabilities, we will utilize the right techniques, processes and tools to transform data into meaningful and actionable information; thus providing operational efficiencies, expanded products and services, and improved analytics to our combined client base,” said Jamie Wells, President of DDDS.

Thursday, May 25, 2012

ST. LOUIS, May 25, 2012 – Only a select few have ever wondered how to integrate Medicare Risk Adjustment with their iPhone®. Those who have should be happy to hear about the latest release from Storan Technologies Inc. (STI).

Merlin Medicare Risk Adjustment saves health plans time and money by simplifying compliance with Medicare rules and ensuring accurate condition coding. It maximizes payments while improving patient health by focusing on early detection, ongoing assessment and reporting of chronic conditions.

Version 7.0 uses more advanced Web technologies than previous versions of Merlin. It allows users to produce financial forecasts, data analytics or manage retrospective audits online within a customizable and secure Web portal. From start to finish, the processes of Medicare risk adjustment can be managed easily within Merlin.

“We’ve taken Merlin to the next level by integrating it with Web services such as Skype. The process is seamless. The capabilities are powerful. Our customers are going to love it,” said Ciaran Storan, STI co-founder and Chief Technology Officer.

Merlin Medicare Risk Adjustment 7.0 showcases additional new features including Medicare risk adjustment data validation (RADV) support using STI’s Smart Track technology along with an application for iPhone. Several additions to the provider module including expanded profiling and outreach reports have been added to accommodate the needs of customers wishing to adopt a more prospective approach to MRA.

“Storan V7 enables us to dramatically improve our ROI.” says Kathy Cortez, Vice President of Operations with Fidelis SeniorCare. “It gives us better visibility to our member data and provides detailed analytics that allow us to make the best use of the resources we allocate to capturing the chronic conditions of our complex member base. The technology employed to create our secure dashboard simplifies our ability to conduct reconciliations and avoid missed opportunities. Congratulations to Storan on this impressive upgrade!”

About Storan

Founded in 1995, Storan Technologies Inc. transforms organizations and improves health care through innovative technology. Healthcare organizations rely on its software products, services and consulting to improve the delivery and operations of their business. More information about Storan is online at www.storan.com

™/® The Storan logo and Merlin MRA are trademarks of Storan Technologies, Inc. Other company and product names may be trademarks of their respective owners.